European producers of hot-rolled coil will announce domestic price increases in the middle of June despite low demand, sources told Fastmarkets on Thursday June 11.
Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?396.70 ($450.74) per tonne on Thursday June 11, down by ?,?1.22 per tonne from ?,?397.92 per tonne on Wednesday June 10.Deals were made at ?,?395-400 per tonne, according to market sources. Offers, meanwhile, were heard at ?,?390-405 per tonne from integrated producers and at ?,?375-380 per tonne...